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Of course they're going to tell you that. Insurance companies will try thier damnest not to pay you 1 cent more than they have to. I guarantee you, will will take a loss when you sell/trade it in.
Just make sure you tell your insurance company you want new OEM replacement parts. If you don't tell them that, they will install junk yard/ knock off parts.So much for the advanced safety group.
But seriously, glad no one was injured. I would bet it isn't a total loss. Insurance companies and auto body shops seem to have sweet heart deals. I could never get a repair quote similar to the insurance company's.
They used all Alfa genuine parts (no companies make knockoff parts yet). I plan on putting over 100k miles on it. No worries on my side of things. Getting a check for diminished value is not realistic. Have you ever heard of anybody getting one?
I've read of certain states that makes it mandatory to allow diminished value (Don't know how true it is.) Don't know anyone personally who received it. In any case, since your Alfa is pretty rare in the states, there probably not many totaled ones sitting around in junk yards, so OEM parts is the only way to go. Since your're keeping it for 100K, the diminished value isn't going to affect you.
My biggest fear was it not driving the same after the repairs, but it drove perfect. In Ohio, you have the right to KEEP bringing your car back to the maintenance shop after an accident until they give you satisfactory results. Unlike when dealerships ignore your wind noise concerns, etc. and just say sorry we don’t hear it.
Good advice. If they install knockoff parts, it can void your existing warranty on other genuine parts. If it’s a lease, they can make you pay to have them replaced with genuine parts upon lease end.
Heartbreaking!!!
I’m gonna guess $18000
We have received diminished value checks on my wife’s Lexus in GA before.
Tell me how you did it lol. What steps you took, etc. I would appreciate a nice little check, especially knowing that I am keeping the vehicle until the wheels fall off. My accident was the day after Christmas, so the case is still open.
I think if you took it to a dealer and asked for trade value (knowing about the repairs), then compare that to KBB trade value, you'd have a case for insurance. Friend recently wrecked his 2015 Ram and went to the selling and repairing dealer for a potential trade. Over $10k in value lost on that potential trade.
My wife worked in auto insurance as a claims manager. From my understanding you just have to ask for it. If your state allows it they have to give it to you. You also don’t have to agree with the first number they give you if you think they are low balling you but I don’t know how you go about figuring out how much of a diminished value it is to you if you were to sell it. The value certainly depends on how much damage was done to your vehicle.
